You hear it claimed relatively often today that low wage employers have monopsony power. For example, this is a sometimes cited explanation for the claim that there is no disemployment effect of the ...
Over the past several years, policy makers and economists have increasingly voiced concerns about apparent labor-market monopsonies—markets in which employers have the power to set wages—in certain ...
WASHINGTON (Reuters) - If U.S. antitrust enforcers decide to challenge the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, it may be because of an idea with a funny-sounding ...
Public Service Company of Colorado’s (PSCo) recently approved “Clean Energy Plan” will retire two coal plants and replace them with “shockingly” cheap new wind and solar projects after receiving 430 ...
Two erroneous notions have long infected the debate about appropriate public policies for prescription drugs. The first is that patents protecting intellectual property grant monopoly power and keep ...
f there’s only one employer in town, the employee’s bargaining power is relatively low. That’s the empirical claim behind the idea that monopsony -- a monopoly of demand for employees by a single ...
What do self-proclaimed freelance writer Stephen King and UPMC registered nurse Jodi Faltin have in common? They’re both fighting back against corporate monopsony power that eliminates competition in ...
Under developing-economy circumstances of small and mainly informal firms and a few official corporate conglomerates, an investigation of the developmental role of banking in such economies might be ...
WASHINGTON (Reuters) - If U.S. antitrust enforcers decide to challenge the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc , it may be because of an idea with a funny-sounding ...
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